A free curated library of innovations in impact investing terms and investment structures, available to entrepreneurs, investors and impact professionals

Impact Terms offers:

  • a platform for newcomers to impact enterprises to learn and evaluate structures;
  • a forum to build investor/investee consensus around “neutral” terms; and
  • a platform for experts to share their innovations, best practices and experience.
Alternative Entities – Alternative Exits – Alternative Fund Structures – Benefit Corporations – Blended Finance – Case Study Convertible Revenue Loan – Catalytic Capital – Contingent Payments – Demand Dividends – Drag Along Rights – Ethics Requirement – Exits – Governance – Guide – Ideas – Impact Auditing Rights – Impact Certification Requirement – Impact Equity Incentives – Impact Funds – Impact Holding Companies – Impact oversight – Impact Reporting – Information Rights – Investment Vehicles – L3CS – Limited Partnership Closed Ended Fund – Measuring Impact – Pay For Success – Redemption Based Exits – Revenue Based Finance – Royalties – Self Liquidating Investments – – – – Stakeholder Involvement – Steward Ownership – Stockholders – Stock Transfer Restrictions – Use of Proceeds Restriction – Voting Rights – Voting Rights protection

Latest Content

  • Global Guide to Revenue Based Finance

    Background The purpose of this guide and the related articles, is to accelerate the ability for the global community of impact investors to use alternative investment structures. This guide is designed to help entrepreneurs and investors … Read more

  • Due Diligence Sharing Template

    This template agreement is provided to you to facilitate due diligence sharing in impact investment. ImpactTerms has observed that the investment ticket sizes tend to be smaller in impact investing, compared to traditional investments, resulting … Read more

  • Equitable Ventures

    by Eva Helene Yazhari and Mathilde Beniflah There are more venture capital funds today than ever before, including an encouraging amount that have a focus on social or environmental impact. However, impact investors should be … Read more

  • Revenue Based Finance

    Revenue Based Finance are a category of contingent payment investment structures where the payment to the investor is contingent on the amount and timing of the issuers financial performance, typically measured by cash basis revenues. … Read more

  • Video: Alternative Term Sheets

    Social Venture Circle hosted this interactive webinar on Alternative Term Sheets featuring Drew Tulchin (Upspring Associates), Lauren Grattan (Mission Driven Finance), and John Berger (Toniic). This session explores term sheets and alternative term sheets to … Read more

  • Stakeholders vs. Shareholders

    The terms shareholder and stakeholder can oftentimes be confused or improperly used interchangeably. Every business has shareholders and stakeholders, both of which are essential to the success of a business, but their relationships to the … Read more

  • Catalytic Capital

    In essence, catalytic capital is investment capital (debt, equity, guarantees, etc) with which the investor accepts reduced financial expectations in order to bring about a greater social or environmental impact.  Lowered financial expectations refers to … Read more

  • Social Enterprise

    A social enterprise is typically understood to be a for-profit business or a business within a non-profit organization that has a specific social or environmental mission included in the business plan. U.S.-based Social Enterprise Alliancel … Read more

  • Stock Transfer Restrictions

    Investors and founders may agree to restrictions preventing the transfer of shares to buyers deemed not to be aligned with the company’s mission. This provision goes beyond the traditional right of first refusal applicable to … Read more

This site brought to you by Toniic, The Global Action Community for Deeper Impact Investing. You can contact us at [email protected]